Don’t fear this volatility; use it as an opportunity to invest: Vijay Kedia

In an interview, with Rahul Oberoi of ETMarkets.com, on the sidelines of ETMGS, ace-investor Vijay Kedia shares his market mantra, the outlook for the Indian market and the theme he is bullish on. Edited excerpts:

ETMarkets.com: Can you throw some light on your investment philosophy?

Vijay Kedia: My investment philosophy is very simple. You find a good, honest management and see the product in which the management is going to grow and outperform its peers and economy. You invest in those companies for the next 10 to 15 years and you cannot go wrong. This philosophy is very simple. And as they say, investing is also very simple but not easy because implementing simple processes is actually difficult.

ETMarkets.com: Besides your stock strategies, our investors would also like to know more about your lifestyle. You sing and do yoga is what we know. What else is it that you do?

Vijay Kedia: I have a very simple lifestyle and there are four pillars in my life. There are four Ms you can say. One M stands for music. I am very fond of music. You can even say that music is in my blood. The second M stands for meditation, which is part of the yoga that I do. Third M is for market. Of course, I cannot live without market. It does not mean that I am trading on a daily or hourly basis but market is in my vein. The fourth M stands for my wife, Manju.

ETMarkets.com: As an investor, can you suggest some stocks and sectors you are bullish on right now?

Vijay Kedia: If you ask me, I think India in itself is a sector. India is a theme I am bullish on. I have invested in many sectors, so I am not looking at the theme as a sector. It is a bottom-up approach and you would certainly like to extract few names from me, so these are my old investments– Sudarshan Chemical and Vaibhav Global. I had also invested in Karnataka Bank, although I did sell a part of my investment. But I think the stock has become cheap. These are my old investments and are not recommendations. It is just where I have invested.

ETMarkets.com: Markets has seen some correction in the recent past. In the light of this, what is your outlook for the Indian equity markets for next three to five years?

Vijay Kedia: Undoubtedly, the outlook for the next three to five years is very bullish. Leave three, four, five or ten, I am bullish on the Indian equity markets for the next twenty years. As long as I will live, I will hold stocks in my portfolio. The companies may change but I am not going to part my money from stock market. Forget about the reaction; forget about quarterly numbers and quarterly performance. I was expecting this reaction to come in 2017. I was expecting the market to react for the last six months or more. Now it has started reacting. It is a good thing for the stability of the market. One should not worry about this volatility rather make it an opportunity to invest.